Avangard released 1H 2013 financial results
2013-09-02 16:19:03
According to the unofficial report, released by Avangard, total sales revenue of the company grew by 7.3% to USD 304.3 million over the first half of 2013 compared to the same period of 2012, EBITDA grew by 10.3% to USD 134.7 M with net profit increase of USD 105.6 million, while operational profit grew by 6.5% to USD 122 million. Avangard stated that sales revenue from exports grew by 56.3% to USD 241 million. There is no official report available on company’s official website.
UkrAgroConsult comment: Company has shown improved performance, which is an indicator of high growth potential of the company in the current financial year.